Santiment Intelligence|Apr 01, 2026 09:33
💸 In a strong sign of capitulation, the amount of Tether wallets (On Ethereum's blockchain) has declined by -72,841 (-0.54%) in just 48 hours. USDT's number of addresses historically sees a net increase nearly every day, unless buying interest from retail sees a massive falloff. So yes, this is rare.
📈 The last time we saw a similar drop of this magnitude was December 19th to 31st, 2024. This ended up marking a bottom at that time, and Bitcoin's price proceeded to jump +10% in the following 2 weeks. Since markets move opposite to the crowd's expectations, there is a very good chance of history repeating itself.(Santiment ✈️ 🇫🇷 EthCC)
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